Bortex Global (08118) announced the performance for the year ending April 30, 2024, with a 53.04% decrease in income...
According to the Futu News APP, Bortex Global (08118) announced a 53.04% decrease in income down to 33.137 million Hong Kong dollars for the year ending April 30, 2024, with a net loss of 32.146 million Hong Kong dollars, narrowing by 54.03% year-on-year; resulting in a loss of 6.43 Hong Kong cents per share. In addition, the company has applied to the Stock Exchange for the resumption of trading of the company's shares on the Stock Exchange starting from 9:00 am on November 1, 2024.
The announcement stated that the decrease in loss is mainly due to the group's income and gross profit decreasing during the period offsetting the expected credit loss provisions, depreciation, and impairment losses.
